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Dividend franking calculation for fully franked dividends,...

  1. Sandz
    118 Posts.
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    18/01/22
    16:27
    Post #: 58952707
    Dividend franking calculation for fully franked dividends, company rate @ (30%) and super tax rate of 15%

    For example $1 dividend fully franked
    This means a franking credit of 30%
    Value = $1.43
    Franking credit of $0.43 cents
    Apply Tax @ 15% on $1.43 = $1.21 after tax, so a refund of 0.21 cps

    Disclaimer: Seek professional advise re franking, I know nothing.
    FMG Price at posting: $20.75 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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